Clifford Chance to recruit former UBS global counsel

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Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

Recommended

A VIEW from SILICON VALLEY

It probably goes without saying that the demand for legal services in the Bay area, which includes Silicon Valley, has been extraordinarily high in recent times. Quite how the current gyrations of the market will affect this flow of work remains to be seen, but I sense that we will not see much of a […]

CMS partner opens in former Yugoslavia

The office, which is part of the international network including CMS Cameron McKenna, will specialise in a number of areas including M&A, privatisation and company formation and will he headed up by Serbian lawyer Radivoje Petrikic. The office is permitted to act in a consultation capacity on both legal and business matters due to a […]

Technology

Technology services company Utilitec in take-private deal. Browne Jacobson (Rob Metcalfe) advised Utilitec. Independent directors and the company advised by Eversheds‘ Nottingham office (Ben Johnson).

Nomura

Nomura invests £10m in a joint venture with Barclays Bank providing £20m funding for a Barclaycard branded internet shopping portal. Nomura advised by Weil Gotshal (Stephen Lloyd). Barclays Bank was represented by Allen & Overy (Andrew Caunt).

Clyde & Co hires Novartis UK legal chief to open IP practice

The head of legal at biotechnology company Novartis UK is leaving to join Clyde & Co. Novartis was created by a merger in 1997, and Sally Shorthose, who set up the in-house department, will head the firm’s new commercial intellectual property (IP) and IT practice. Before moving to Novartis, Shorthose was senior legal adviser at […]

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